NEWARK, Del., June 30, 2024 (GLOBE NEWSWIRE) — According to Opportunity Marketplace Insights, the modular robot marketplace is all set for significant expansion, with its size expected to grow by. 12.69 billion US dollars in 2024 US$66.42 billion Through 2034. In the next decade, an unusual 18.0% Demand for modular robotics is expected to drive growth at a CAGR, which started the year with a CAGR of 16.3% Between 2019 and 2023.
The increasing demand for automation across industries is based on the adoption of modular robotics. Corporations looking for adaptability and connectivity to their operations are turning to modular robotics to streamline and simplify production. The scalability of modular robot programs promotes responsive simple factories and allows companies to grow to meet market demand faster.
Technological advances in sensors and AI are improving the efficiency and flexibility of modular robots. Additionally, the cost-effectiveness of modular robot programs compared to traditional automation solutions is attracting additional companies.
Request our Pattern Document for essential market insights and emerging developments! https://www.futuremarketinsights.com/reports/sample/rep-gb-10837
The increasing emphasis on safety in production environments is driving the adoption of modular robots for hazardous duties. The scalability of modular robot programs allows companies to make their automation features as large as needed.
,Japan and China’s rapid expansion in modular robotics is causing concern for existing pioneers. They are facing challenges as both these countries are rapidly gaining hold in the market. They are investing heavily in research and development, leading to innovative advances in modular robotics, Nikhil Kaitwade (Activist Vice President of Occasions Marketplace Insights, Inc.) says
key takeaways
- The United States is going to exhibit steady expansion within the modular robot business with an estimated 16.70% The CAGR from 2024 to 2034 is driven by increase in technological advancements and huge demand for automation solutions.
- According to an estimate, China’s modular robot business is expected to grow continuously. 21.80% The CAGR till 2034 is attributed to the country’s tough manufacturing sector and powerful executive backup for the development of robotics.
- Modular robots are more likely to appear on the market in South Korea 20.20% The CAGR between 2024 and 2034 is driven by the era aimed at boosting automation and its popularity as an international leader in innovation and executive functions.
- Japan’s modular robot business projected to build 22.25% CAGR through 2034, driven by its long-standing tradition of precision engineering and strategic partnerships among business leaders.
- Germany modular robot business is more likely to appear 19.80% CAGR from 2024 to 2034, influenced by its position as an engineering powerhouse and hub of complex production.
Leading Gamers’ Ways to Luck in the Modular Robot Marketplace
Here are some of the major methods that players in the modular robot business use for luck:
- Continuous innovation in modular design
- Collaboration with researchers for cutting-edge era
- Customization options to meet different wishes
- Streamlined production processes for potency
- Flexible central point maintains monitoring and consistency across assets
- Developing strategic partnerships with providers and vendors
- Funding in analysis and construction for the development of the month
Top 10 Leading Enthusiast Gamers in the Modular Robot Business
- ABB Limited
- Accutronic Robotics
- KUKA AG
- Mitsubishi Electrical Corporation
- Fanuc Company
- Kawasaki Vetti Industries Ltd.
- Yaskawa Electrical Company
- denso company
- general robot
- Nachi-Fujikoshi Corporation
Get the full doc now: https://www.futuremarketinsights.com/checkout/10837
fresh symptoms
- In July 2022, Beckhoff unveiled the ATRO (Automation Generation for Robotics) modular robotic. This DIY robot technology is modular, customizable, and opens up exciting opportunities for end customers, gadget integrators, and OEMs in terms of robot automation.
- In May 2021, OmniLabs shared information about its new Omni modular robotics platform to rapidly develop cell robots. With this platform, buyers can easily design their own robots using a collection of pre-selected elements.
Key Sections of the Modular Robotics World Marketplace Document
By product type:
- SCARA modular robot
- Articulated modular robot
- Cartesian modular robot
- parallel modular robot
Through Hardware Design:
- series based
- lattice based
- swagger based
Via configuration:
- auto-configuration
- handbook configuration
By means of concluding a virtuous business:
- automobile
- Electronics & Electric
- chemical
- food and drink
- pharmaceutical
- Other
Through the field:
- north united states
- latin united states
- Asia Pacific
- Europe
- foreign Ministry
Discover the comprehensive security of FMI’s Business Automation Marketplace Insights Terrain
The global marine hatch cover market is projected to register a powerful CAGR of 7.6% between 2023 and 2033, reaching approximately US$327.7 million by the end of 2033.
The valuation of India electric testing services and products market is estimated to reach US$ 308.4 million by 2033. With a CAGR of 4.4% from 2023 to 2033.
The worldwide business weighing equipment market is projected to reach US$2.4 billion by 2033. A 5% CAGR significance is predicted for the market during the forecast period.
The global content related equipment market is projected to register a CAGR of 4.5% between 2023 and 2033, yielding a valuation of US$6,555.9 million.
The duct fanless market is projected to reach US$162,788.1 million by 2033. Gross sales are expected to register a significant CAGR of 6.0% during the forecast period.
The non-destructive testing equipment market is projected to reach approximately US$31,574.6 million by 2032, growing at a compound annual expansion rate (CAGR) of 6.2% between 2022 and 2032.
From 2023 to 2033, the compact energy appliance condo marketplace is predicted to grow at a remarkable compound annual expansion charge (CAGR) of 6.4%, yielding an estimated overall market value of US$206,557.9 million by the end of that moment.
The worldwide desk bound battery banks market size is projected to grow from an estimated US$18443.8 million in 2024 to US$304211.4 million by 2034.
The value of the GCC electric carrier business is expected to reach US$201.6 million in 2023. During the forecast period, the value is expected to grow at a CAGR of 6.1%.
By 2033, the sun pump market is projected to exceed US$4.64 billion. Sun pump adoption is projected to grow at a CAGR of 13.5% during the forecast period.
About Opportunity Marketplace Insights (FMI)
Event Marketplace Insights, Inc. (ESOMAR Qualified, recipient of a Stevie Award, and member of the Larger Untouched York Chamber of Trade) brings deep insight into the business of ride components that can drive demand in the market. FMI is the leading global supplier of market information, advisory services and products, consulting and opportunities to the packaging, food and beverage, consumer manufacturing, healthcare, business and chemicals markets. With a vast team of over 400 analysts internationally, FMI provides global, regional and local experience on a variety of domain names and business development in over 110 international locations.
Contact Us:
Opportunity Marketplace Insights Inc.
Christiana Company, 200 Continental Press,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For gross sales enquiries: grosssales@futuremarketinsights.com
Web Page: https://www.futuremarketinsights.com
Linkedin, Twitter, blog , youtube